6.937 million units, accounting for 44.3% of all new vehicles.   This report presents significant trends and activities of Chinese and foreign automakers in the Chinese market in the second quarter (Q2) of 2025.   Chinese automakers are deepening their efforts in integrated vehicle intelligence. BYD Auto Co. Ltd. (BYD) announced that it will focus on implementing core autonomous driving technologies into its products over the next three to fiv...

Market & Tech Reports  Updated at: 2025/08/01

tions shows slight fluctuations between 2020 and 2022, but increases significantly to 521 in 2023. Looking at the number of patent applications filed by each company, Toyota Motor Corporation (Toyota) and Honda Motor Co., Ltd. (Honda) in Japan, and Zhejiang Geely Holding Group Co., Ltd. (Geely) and BYD Co., Ltd. (BYD) in China, have filed many applications.   Development subjects include themes such as "Adaptive power generation control and ener...

Market & Tech Reports  Updated at: 2025/07/30

hicle (BEV/PHV/FCV) - Top 10 best selling models  (000 units) The table can be scrolled horizontally - Model Maker/Brand P/T 2025June 2024June Y-o-Y 2025Jan.-Jun.total 2024Jan.-Jun.total Y-o-Y 1 Model Y Tesla BEV 91 96 -4.7% 372 479 -22.4% 2 Xingyuan Geely BEV 41 - -% 205 - -% 3 Seagull BYD BEV 38 34 11.6% 238 165 43.8% 4 Model 3 Tesla BEV 37 52 -29.5% 212 215 -1.4% 5 Wuling Hongguang MINI EV Wuling BEV 28 13 116.9% 195 63 208.8% ...

Market & Tech Reports  Updated at: 2025/07/28

antis’ global output to grow 10.3% YoY over the course of H2 2025 due to improved consumer sentiment, further model releases and a strategic reallocation towards hybrids across Europe. Full-year build is projected to rise by 1.4% YoY to 5.9 million units in 2025, compared to 5.8 million in 2024. BYD AutoIn Q1 2025, BYD Auto reported a substantial YoY production increase of 74% in the Asia-Pacific region, reaching 1.1 mn units. This was largely...

Market & Tech Reports  Updated at: 2025/07/28

detect vehicles and pedestrians on the parallel general road. On rare occasions, vehicles or pedestrians cross the road, but this has never led to anything serious as it can be detected from a considerable distance away (according to the driver).   Small route bus (Kawasaki City): Base vehicle BYD J6 2.0 Operating environment Limited time demonstration on two routes in Kawasaki City, L0~2, with general passenger boarding Test model Tier...

Market & Tech Reports  Updated at: 2025/07/16

th American markets VW: Production expansion for the fourth consecutive year, concerns over impact of U.S. tariffs Hyundai/Kia Group: Production of SUVs for the U.S. market transferred to the U.S. plant Chinese manufacturers: Tension in U.S.-China relations creates headwinds for new entrants Tesla, BYD, and Hon Hai (Foxconn) GlobalData Production Forecast: Mexico light vehicle production expected to be 3.56 million units in 2028 Mexico ligh...

Market & Tech Reports  Updated at: 2025/07/11

-2.6 meters) totaled 230,000 units, up 7% y/y and accounting for 30% of the total BEV volume. There were 18 manufacturers with a New Energy passenger car wholesale volume exceeding 10,000 units in June, down 1 y/y and taking up 91.8% (91.2% last month) of the total volume. These manufacturers were: BYD (377,628 units), Geely (122,367 units), Changan Auto (87,458 units), Tesla China (71,599 units), Chery (66,368 units), SAIC-GM-Wuling (61,810 unit...

Market & Tech Reports  Updated at: 2025/07/10

[Chiller example] (photo by MarkLines) The air conditioning refrigerant system extends the refrigerant gas circuit for vehicle air conditioning to the battery for cooling. Representative examples include the Nissan Sakura, the Mitsubishi eK X (‘Cross’) EV, the Mazda MX-30, and the BYD Seal. A comparison of the above three methods is summarized in the table below. (Legend: ◎ Excellent, 〇 Good, △ neutral, × poor) ...

Market & Tech Reports  Updated at: 2025/07/08

orgWarner Inc. 12,818 13,062 ・Sales revenue in the Battery & Charging Systems segment increased 34% y/y due to higher sales volume. ・The company will expand its production capacity for electrification products through plant expansions in the U.S. and Korea, as well as through a partnership with BYD's battery subsidiary. 25 21 Toyota Boshoku Corporation 12,804 13,512 ・To achieve the sales target of JPY 2.2 trillion in 2030, the company aim...

Market & Tech Reports  Updated at: 2025/07/02

one click. In addition, detailed display and downloading are also supported.   TTDC Related Reports: Engine Control Technology Trends among Japanese OEMs (Feb. 2025) Trends in Wireless Charging Technology for Electric Vehicles (Dec. 2024)Hyundai Motor Group’s Communication Technology (Nov. 2024)BYD's Electric Vehicle Development Trends (Sep. 2024)Trends in Collaborative Development of All-Solid-State Batteries (Aug. 2024)   Overall trends ...

Market & Tech Reports  Updated at: 2025/06/30

systems. Cutaway model of the Mitsubishi Outlander PHEV Valeo's electrification technology exhibit   Analysis Reports: Lithium-Ion Battery Related reports:JSAE 2025 in Yokohama: e-Axles, Motors, xEVs (Jun. 2025)Smart Energy Week Spring 2025 (2) BEVs, Batteries, and Chargers (Apr. 2025)BYD's Super e-Platform Technology Launch (Apr. 2025)Automotive World 2025: Batteries, Charging, and Measuring Devices (Feb. 2025)2024 China Electric...

Market & Tech Reports  Updated at: 2025/06/27

PHVs also recorded their highest monthly sales since the start of 2025.   Electric Vehicle (BEV/PHV/FCV) - Top 10 best selling models (000 units) - Model Maker/Brand P/T 2025May 2024May Y-o-Y 2025Jan.-Maytotal 2024Jan.-Maytotal Y-o-Y 1 Model Y Tesla BEV 65 81 -19.8% 288 381 -24.4% 2 Seagull BYD BEV 46 35 33.2% 200 131 52.2% 3 Xingyuan Geely BEV 39 - -% 164 - -% 4 Model 3 Tesla BEV 30 42 -29.5% 180 162 11.0% 5 Wuling Hongguang MINI E...

Market & Tech Reports  Updated at: 2025/06/25

-in scrappage incentive scheme through the end of 2025. Tax breaks on NEVs also continue this year. China's automotive industry continues to see a vehicle price war, though this is causing financial strain, with over a third of manufacturers having liabilities exceeding assets. Major companies like BYD, Geely, and Nio have significant working capital deficits. The government is urging stabilization of supply chains and reduced discounting. Analys...

Market & Tech Reports  Updated at: 2025/06/19

onics Co., Ltd. 49% GAC, FAW-VW Exhaust systems Faurecia PowerGreen Emissions Control Technologies (Shanghai) Co., Ltd. Shanghai ● Faurecia (China) 100% Exhaust systems Changsha Faurecia Emissions Control Technologies Co., Ltd. Changsha City, Hunan Province ● Faurecia (China) 100% SAIC-VW, BYD  Exhaust systems Faurecia Exhaust System (Shanghai) Co., Ltd. Shanghai ● Faurecia (China) 100% Exhaust systems Faurecia Yinlun (Weifang) E...

Market & Tech Reports  Updated at: 2025/06/19

from a maximum output of 60kW and a maximum torque of 960Nm to a maximum output of 100kW and a maximum torque of 1,700Nm.   The research and development of in-wheel motors is being conducted as a project subsidized by NEDO. In-wheel motor display In-wheel motor explanation panel   BYD U8 disassembly exhibit at MarkLines booth MarkLines: BYD U8 e-Axle teardown exhibit   MarkLines focused this year's exhibition on displaying p...

Market & Tech Reports  Updated at: 2025/06/16

Indonesia: BYD, GAC Aion and VinFast set up EV plants Government provides tax incentives for EVs and HVs, EV battery production grows Summary Electrification policy: In 2025, value added tax, import duties, and luxury goods sales tax reduction for EVs; luxury goods sales tax reduction for HVs Electrified vehicle sales in Indonesia: 2024 BEV sales increase 2.5 times to 43,000 units VinFast, BYD and GAC Aion to build EV plants Increasing production...

Market & Tech Reports  Updated at: 2025/06/13

for NEVs in China II. Development trends of lithium-ion battery technology for NEVs III. Product structure and delivery status of major lithium-ion battery companies IV. Emerging NEV lithium-ion battery manufacturers V. Status of Non-Chinese lithium-ion battery companies in China CATL FinDreams (BYD) Gotion High-tech CALB EVE Energy SVOLT Energy Sunwoda LG Energy Solution Panasonic     Click here for Thermal Management System of BEV B...

Market & Tech Reports  Updated at: 2025/06/12

s of the FAW, Dongfeng, and BAIC groups.   Related reports: VW China: Accelerating Local Development and Launch of New Vehicles (Jun. 2025)Auto Shanghai 2025: SAIC (Jun. 2025)Auto Shanghai 2025: Geely, Chery (May 2025)Auto Shanghai 2025: GAC, Changan, Great Wall Motor (May 2025)Auto Shanghai 2025: BYD (May 2025)Auto Shanghai 2025: China's Emerging EV Makers (May 2025)Auto Shanghai 2025: Japanese OEMs (May 2025)           The Hongqi brand u...

Market & Tech Reports  Updated at: 2025/06/12

trating the company's technological development capabilities in the intelligent connected field. The entire VW group is strengthening its connectivity products.     Related reports:Auto Shanghai 2025: SAIC (Jun. 2025)Auto Shanghai 2025: GAC, Changan, Great Wall Motor (May 2025)Auto Shanghai 2025: BYD (May 2025)Auto Shanghai 2025: China's Emerging EV Makers (May 2025)Auto Shanghai 2025: Japanese OEMs (May 2025) VW Group: Partnership with Rivian ...

Market & Tech Reports  Updated at: 2025/06/11

45-2.6 meters) totaled 223,000 units, up 11% y/y and accounting for 29% of the total BEV volume. There were 18 manufacturers with a New Energy passenger car wholesale volume exceeding 10,000 units in May, up 3 y/y and taking up 91.3% (90.9% last month) of the total volume. These manufacturers were: BYD (376,930 units), Geely (138,021 units), Changan Auto (80,909 units), SAIC-GM-Wuling (62,686 units), Tesla China (61,662 units), Chery (56,974 unit...

Market & Tech Reports  Updated at: 2025/06/10